Reminiscent of the glitz and glamour captured in F. Scott Fitzgerald’s novel The Great Gatsby, this historic Miami Beach gated compound sits along the Intracoastal Waterway at 4921 Pinetree Dr. – one of the neighborhood’s most prestigious streets and nicknamed “Millionaires Row”.
A true and tranquil paradise for yachting, sports and entertaining enthusiasts, the sprawling residence is minutes from the Atlantic Ocean with no fixed bridges. Priced at $8,900,000, the home, originally part of the Kresge estate (the founders of K-Mart), sits on 1.5 acres of Intracoastal deep-protected waterfront and is characterized by ocean breezes and lush lawns.
With its expansive park-like grounds, the property provides an ideal location for hosting grand scale events and outdoor parties, and offers endless outlets for recreational activities including a tennis court, putting green, a children’s playground, a pool, Jacuzzi and cabana. There is also a covered lanai with a portico, a covered loggia with original flagstone path, and a large courtyard area for alfresco dining.
The centerpiece of the compound, a six-bedroom, six and two half-bath estate measuring 7,070 square feet, sits adjacent to a guesthouse with a kitchen, living room and art studio. The residence additionally has 143 feet of deepwater dockage, a boatlift, a two-car air-conditioned garage, a circular driveway, coral rock fireplaces and a generator that services the entire home. With multiple structures on the property, homeowners have the ability to renovate and expand – or rebuild. The compound is also within close proximity to A-rated schools, houses of worship, as well as the Shops of Bal Harbour and the renowned restaurants and retail of Lincoln Road and South Beach.
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For more information, contact Nancy Batchelor at 305-903-2850 or visit www.4921PinetreeDrive.com/www.NancyBatchelor.com.